Nowadays, it is not uncommon to find homeowners selling their houses without a realtor. Many homeowners are doing it, and you can too. A lot of people feel intimidated by the idea of selling their home on their own, but it is not as difficult as you may think. Don't let greedy realtors who want your business scare you into believing that it is impossible to do without their help, because you can. The key is to get a basic understanding of the home selling process. Usually, realtors get six percent commission of the price you list of your home.
If you are selling your at $250,000, the realtor's commission will be $15,000. That is at six percent of the usual commission. That is a lot of money to lose. If you are looking to save thousands of dollars in realtor commission, then selling your home without a realtor is a viable option you should consider. If you think you can sell your property without a realtor, first thing you need to do is to do research.
You need to get a basic understanding of the home selling process. How-to books have helpful tips that you can use. You can get a FSBO kit from office supplies store to help you get started.
The internet is the key to effectively market your home without a realtor. You will find online FSBO listings that offer FSBO kits and information than can guide you. Ensure that you give plenty of information regarding your property and a lot of photographs of your house. This will give you the exposure that is essential to the effective marketing of your property.
This does not mean that selling your home without a realtor is completely easy, it just means that it is possible for you to do so on your own. However, FSBO is not for everyone. You will have to be patient and resourceful, and you will have to give a lot of your time to facilitate the whole process.
You can save thousands in realtor commission by selling your property without a realtor, however going to a realtor have its advantages too. Having a professional do the sale would be lesser headaches for you.
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